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Daimler AG's Supervisory Board extended the appointments of Martin Daum as Chief Executive of Daimler Truck AG until 2025 and Harald Wilhelm as Chief Financial Officer until 2027. Daum, who has been with Daimler since 2017, is set to transition to CEO of the publicly listed Daimler Truck company following its planned spin-off, pending shareholder approval in autumn 2021. Wilhelm's extended role includes oversight of Finance and Controlling at Mercedes-Benz AG. Supervisory Board Chairman Bernd Pischetsrieder praised their contributions towards transforming Daimler into two separate firms.

Daimler AG reported strong Q1 2021 results, with vehicle sales increasing 13% to 728,600 units. Revenue surged to €41.0 billion, driven by an optimal product mix and pricing. Net profit skyrocketed to €4.4 billion, significantly higher than €0.168 billion in Q1 2020. The company is advancing its strategic transformation with a planned spin-off of Daimler Truck and expanding its electric vehicle lineup. Divisional outlooks for Mercedes-Benz Cars & Vans and Daimler Mobility have been raised, expecting higher margins for 2021.

Daimler AG reported strong financial results for Q1 2021, with EBIT of €5.748 billion, surpassing market expectations of €4.964 billion. Adjusted EBIT reached €4.970 billion compared to a consensus of €3.987 billion. Industrial Free Cash Flow also exceeded forecasts, totaling €1.810 billion. Positive contributions stemmed from robust sales, particularly in China, and effective cost management. The company's liquidity improved to €20.1 billion. These results signal a solid recovery and market demand for luxury EVs, especially with the upcoming EQS launch.

Daimler AG announces significant changes in its Supervisory Board following its Annual Meeting on March 31, 2021. Long-time Chairman Manfred Bischoff steps down, succeeded by Bernd Pischetsrieder. Shareholders approved a dividend of €1.35 per share, increasing from €0.90 in 2019, resulting in a total payout of €1.4 billion. The meeting saw a 57.21% representation of share capital, with management actions ratified by over 95% of shareholders. New board members include Elizabeth Centoni, Ben van Beurden, and Martin Brudermüller.

Daimler AG is accelerating its transition to electric mobility and plans to spin off its Truck division by the end of 2021. In 2020, it achieved an EBIT of €6.6 billion despite pandemic challenges, with a proposed dividend increase to €1.35 per share. The company aims for a CO₂-neutral fleet by 2039, launching multiple electric models in 2021. Despite a 15% drop in unit sales, it expects a positive trend in 2021 driven by the Chinese market. Leadership changes include Bernd Pischetsrieder succeeding Manfred Bischoff as Chairman of the Supervisory Board.

Daimler AG reported a robust financial performance for 2020, with net profit soaring by 48% to €4.0 billion. Despite a 15% decrease in total unit sales, the group achieved an EBIT of €6.6 billion, a 53% increase compared to 2019. The company proposed a dividend of €1.35 per share, up from €0.90 the previous year. Daimler plans to spin-off its truck division, intending for a majority listing by year-end 2021. The outlook for 2021 remains optimistic, with expectations of significantly higher sales and revenues, although semiconductor shortages may impact initial production.

Daimler announced plans for a major structural change, intending to spin-off its Truck and Bus business into a separate company, Daimler Truck, by year-end 2021. The move aims to create two independent companies: Mercedes-Benz, focusing on luxury vehicles and sustainability, and Daimler Truck, which will emphasize zero-emissions technology. Shareholders will receive a significant majority stake in Daimler Truck. Both companies will operate under independent governance and financial services tailored to their respective sectors. This strategy is anticipated to enhance agility, investment capacity, and competitive edge.

Daimler reported a strong recovery in the third quarter of 2020, exceeding market expectations in several key financial metrics. The company's Industrial Free Cash Flow surged to €5.139 billion, significantly above the consensus of €2.973 billion. Adjusted EBIT for the Daimler Group reached €3.480 billion, also surpassing forecasts. Key factors for this performance included stringent cost management, cash preservation efforts, and improved operations across all divisions. Daimler anticipates a positive outlook for the fourth quarter, barring any further COVID-19 lockdowns.

Mercedes-Benz unveiled a new strategy focused on enhancing its luxury brand status and accelerating electrification at a virtual investor conference on October 6, 2020. The strategy aims to improve product positioning, grow sub-brands like AMG and Maybach, and launch multiple electric vehicles, including four new models based on a large architecture starting in 2021. Key initiatives include cost reduction plans targeting over 20% cuts in fixed costs and R&D by 2025, alongside ambitious financial targets aiming for mid to high single-digit return on sales in unfavorable markets.